Last year, Hassan’s Madhatter, Inc. had an ROA of 8 percent, a profit margin of 14.10...
Last year, Hassan’s Madhatter, Inc. had an ROA of 8 percent, a profit margin of 14.10 percent, and sales of $25 million.
Calculate Hassan’s Madhatter’s total assets. (Enter your answer in dollars, rounded to the nearest dollar.)
Homework Answers
Answer:$44 Millions
Explanation:
Return on Total Assets = Net Income / Total Assets
Return on Total Asset = 8% (Given)
Net Income = 14.10% * $25 Million = $3.53 Million
Total Assets = Net Income / Return on total assets
Total Assets = $3.53 Millions / 8%
Total Assets = $44 Millions
Add Answer to:
Last year, Hassan’s Madhatter, Inc. had an ROA of 8 percent, a
profit margin of 14.10...
Last year, Hassan’s Madhatter, Inc. had an ROA of 7.4 percent, a profit margin of 14.40...
Last year, Hassan’s Madhatter, Inc. had an ROA of 7.4 percent, a profit margin of 14.40 percent, and sales of $20 million. Calculate Hassan’s Madhatter’s total assets. (Enter your answer in dollars, rounded to the nearest dollar.)
DuPont Analysis Last year Café Creations, Inc. had an ROA of 23%, a profit margin of...
DuPont Analysis Last year Café Creations, Inc. had an ROA of 23%, a profit margin of 11.8% and sales of $4.2 million. What is Café Creations's total assets? Ο Ο Ο Ο
Mr. Husker's Tuxedos Corp. ended the year 2018 with an average collection period of 33 days....
Mr. Husker's Tuxedos Corp. ended the year 2018 with an average collection period of 33 days. The firm's credit sales for 2018 were $56.2 million. What is the year-end 2018 balance in accounts receivable for Mr. Husker's Tuxedos? (Enter your answer in dollars not in millions.) Accounts receivable Last year, Hassan's Madhatter, Inc. had an ROA of 6.2 percent, a profit margin of 10.25 percent, and sales of $20 million. Calculate Hassan's Madhatter's total assets. (Enter your answer in dollars,...
Last year, K9 WebbWear, Inc. reported an ROE of 22 percent. The firm's debt ratio was...
Last year, K9 WebbWear, Inc. reported an ROE of 22 percent. The firm's debt ratio was 50 percent, sales were $20 million, and the capital intensity was 1.25 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 10 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 mi...
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 125 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 12 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Last year, K9 WebbWear, inc. reported an ROE of 27 percent. The firm's debt ratio was...
Last year, K9 WebbWear, inc. reported an ROE of 27 percent. The firm's debt ratio was 60 percent, sales were $20 million, and the capital intensity was 1.25 times. This year K9 WebbWear plans to increase its debt ratio to 76 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 9 percent culate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
(DuPont analysis) Bryley, Inc. earned a net profit margin of 4.7 percent last year and had an equity multiplier of 3.46...
(DuPont analysis) Bryley, Inc. earned a net profit margin of 4.7 percent last year and had an equity multiplier of 3.46. If its total assets are $97 million and its sales are $147 million, what is the firm's return on equity? The company's return on equity is (Round to one decimal place.)
3-8 Profitability Ratios In 2021, Jake's Jamming Music, Inc., announced an ROA of 8.56 percent, ROE...
3-8 Profitability Ratios In 2021, Jake's Jamming Music, Inc., announced an ROA of 8.56 percent, ROE of 14.5 percent, and profit margin of 20.5 percent. The firm had total assets of $9.5 million at year-end 2021. Calculate the 2021 values of net income available to common stockholders, common stockholders' equity, and net sales for Jake's Jamming Music, Inc. (LG3-4)
Saved Wims, Inc., has sales of $18.3 million, total assets of $13.3 million and total debt of $4.1 million. The prof...
Saved Wims, Inc., has sales of $18.3 million, total assets of $13.3 million and total debt of $4.1 million. The profit margin is 11 percent. 2:33:21 a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g.. 32.16.)...
Edit View History Bookmarks Window Help Help ter 3 Last year, K9 WebbWear, Inc. reported an...
Edit View History Bookmarks Window Help Help ter 3 Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 1.25 times. This year, K9 Webb Wear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 8 percent. Calculate the net income and profit margin for...
DuPont Analysis Last year Café Creations, Inc. had an ROA of 23%, a profit margin of 11.8% and sales of $4.2 million. What is Café Creations's total assets? Ο Ο Ο Ο
Mr. Husker's Tuxedos Corp. ended the year 2018 with an average collection period of 33 days. The firm's credit sales for 2018 were $56.2 million. What is the year-end 2018 balance in accounts receivable for Mr. Husker's Tuxedos? (Enter your answer in dollars not in millions.) Accounts receivable Last year, Hassan's Madhatter, Inc. had an ROA of 6.2 percent, a profit margin of 10.25 percent, and sales of $20 million. Calculate Hassan's Madhatter's total assets. (Enter your answer in dollars,...
Last year, K9 WebbWear, Inc. reported an ROE of 22 percent. The firm's debt ratio was 50 percent, sales were $20 million, and the capital intensity was 1.25 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 10 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 125 times. This year, K9 WebbWear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 12 percent Calculate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
Last year, K9 WebbWear, inc. reported an ROE of 27 percent. The firm's debt ratio was 60 percent, sales were $20 million, and the capital intensity was 1.25 times. This year K9 WebbWear plans to increase its debt ratio to 76 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 9 percent culate the net income and profit margin for K9 WebbWear last year. (Enter your answer in millions of...
(DuPont analysis) Bryley, Inc. earned a net profit margin of 4.7 percent last year and had an equity multiplier of 3.46. If its total assets are $97 million and its sales are $147 million, what is the firm's return on equity? The company's return on equity is (Round to one decimal place.)
3-8 Profitability Ratios In 2021, Jake's Jamming Music, Inc., announced an ROA of 8.56 percent, ROE of 14.5 percent, and profit margin of 20.5 percent. The firm had total assets of $9.5 million at year-end 2021. Calculate the 2021 values of net income available to common stockholders, common stockholders' equity, and net sales for Jake's Jamming Music, Inc. (LG3-4)
Saved Wims, Inc., has sales of $18.3 million, total assets of $13.3 million and total debt of $4.1 million. The profit margin is 11 percent. 2:33:21 a. What is the company's net income? (Do not round intermediate calculations and enter your answer in dollars, not millions of dollars, rounded to the nearest whole number, e.g., 1,234,567.) b. What is the company's ROA? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g.. 32.16.)...
Edit View History Bookmarks Window Help Help ter 3 Last year, K9 WebbWear, Inc. reported an ROE of 20 percent. The firm's debt ratio was 55 percent, sales were $20 million, and the capital intensity was 1.25 times. This year, K9 Webb Wear plans to increase its debt ratio to 60 percent. The change will not affect sales or total assets, however, it will reduce the firm's profit margin to 8 percent. Calculate the net income and profit margin for...
Most questions answered within 3 hours.
-
Does the launch speed depend significantly upon the launching
angle? Is it reasonable?
asked 27 minutes ago -
A disc of moment of inertia 3.00 kgm2 is rotating with angular
velocity 2.00 rad/s about...
asked 12 minutes ago -
Hi, can somone help me with this question?
Omega Company reported the following information for the...
asked 18 minutes ago -
WHY SOME PEOPLE DECIDE TO STAY IN THEIR HOMES WHEN AN EXTREME
WEATHER EVENT SURROUNDS THEM.
asked 15 minutes ago -
Which of the following is a financial intermediary?
a mutual fund
the stock market
a U.S....
asked 25 minutes ago -
Completely and thoroughly explain how control charts could be
used by a company that makes eyeglass...
asked 34 minutes ago -
Explain how the equilibrium loanable funds interest rate is
determined? Please draw a picture of what...
asked 36 minutes ago -
Below is the trial balance of Tom’s Tents at 5 April 2018.
£
£
Trading account:...
asked 45 minutes ago -
For this question, we want to implement the basic
java classes to support the concept of an...
asked 45 minutes ago -
Two random variables X and Y have joint density function f(x,y)
=c(where c >0 denotes an...
asked 48 minutes ago -
Bonita Corporation issued 1,900 shares of $10 par value common
stock upon conversion of 950 shares...
asked 52 minutes ago -
When finding confidence interval for mu , if population standard
deviation (sigma) is known, we use...
asked 1 hour ago